Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

11:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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There was a deviation from the process that had been in place for the disposal of assets. Did that concern the Minister? This was a bespoke deal. There appears to have been a debtors' charter where there was debt forgiveness. There was a single rather than dual process in terms of the sales process, which would normally be opened up to a wide group before being narrowed down to a small number of bidders. Did this deviation from the process concern the Minister in relation to the optimum outcome for the taxpayer?